(Reuters) -Passenger traffic across the European airport network rose 4.5% in the first half compared with the same period last year, said Brussels-based European airport trade body ACI Europe on
European Airports Experience 4.5% Rise in Passenger Traffic in H1
Passenger Traffic Growth in Europe
(Reuters) -Passenger traffic across the European airport network rose 4.5% in the first half compared with the same period last year, said Brussels-based European airport trade body ACI Europe on Wednesday.
WHY IT'S IMPORTANT:
Tourism remains key for many European economies, and the higher passenger numbers at European airports signal a resilience for the sector in the face of headwinds such as inflation and trade tariffs with the United States. In the first half of 2024, passenger traffic had risen by 9% versus the prior year, according to ACI Europe.
Key Insights on Passenger Trends
KEY QUOTE:
"The summer season keeps delivering for now — let's see how the following months will be shaping up," said ACI Europe director general Olivier Jankovec.
BY THE NUMBERS:
Regional Performance Overview
ACI Europe's figures cover major European airport companies such as Aeroports de Paris, Frankfurt's Fraport and Spanish airport operator Aena.
International passenger traffic accounted for all of the gains (+5.7%) as domestic traffic remained flat (+0.2%), according to ACI Europe.
Top Performing Countries
Amongst the largest European markets, airports in Italy registered the highest increase in passenger traffic with growth of 5.7%, followed by Spain which had growth of 4.5%.
Comparative Growth Rates
Airports in France, Britain and Germany had less strong passenger traffic growth, with 3.6% for France and 2.3% for Britain and Germany.
(Reporting by Sudip Kar-Gupta; Editing by Lincoln Feast.)
